Process & Criteria
Admission is through a competitive review process where only the highest-potential startups are selected. The process starts with a short form. Following submission, the LabCentral team interviews applicants to finalize their candidacy and ensure consistency with LabCentral’s mission. Accepted candidates are invited back to choose an appropriate space and finalize terms of a contract.
LabCentral accepts high-potential applicants consistent with our mission to create the next generation of powerhouse biotech companies. In keeping with the MLSC’s guidance to support the entrepreneurial, early-stage activities of true startup companies, LabCentral is unlikely to accept applicants that have already raised more than $7.5 million of capital or those that have trailing 12-month revenue of more than $3 million.